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Nvidia CEO Huang admits to affair, apologizes to employees as probe launched

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Investing.com -- Nvidia Chief Executive Jensen Huang has apologized to employees after admitting to an affair with businesswoman Alice Huang, whom U.S. intelligence suspects is a Chinese spy. Huang told staff he was "deeply sorry", as the chipmaker's board launches an independent investigation.

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"I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry," Huang wrote in the memo. He said "his family deserved his honesty and loyalty and that he had let them down," according to a memo obtained by Investing.com.

The disclosure has drawn attention to the personal life of the high-profile executive, who has become one of the most influential figures in the global technology industry through Nvidia's dominance in artificial intelligence chips.

"The NVIDIA Board is initiating an independent investigation in light of recent reporting that founder and CEO Jensen Huang has been the target of a foreign intelligence effort," the company said in a statement Sunday.

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"Today's news will not slow NVIDIA. Jensen is committed to continuing to lead NVIDIA as CEO without interruption," Nvidia spokesperson told Investing.com in an emailed statement.

The probe follows an October New York Times report alleging Huang had a close relationship with the Chinese businesswoman who passed information to Beijing. Senior Republican lawmakers in the U.S. House of Representatives have called on Huang to brief Congress this month over the allegations.

Nvidia said its board had no reason to believe that U.S. national security or the company's confidential information had been compromised. Huang supports the investigation and has committed to cooperating with the review, the company said.

Huang has led Nvidia since co-founding the company in 1993, turning it from a graphics-chip maker into the world's leading supplier of processors used to develop and run artificial intelligence systems.

Original Article

Nvidia CEO Huang admits to affair, apologizes to employees as probe launched

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